UnknownUnicorn43413799

UnknownUnicorn43413799

BTC Technical Analysis Yesterday's plan to Short BTC at 17100 took profit. BTC has broken 16800 support, the price has reached the 16600 support area. However, this area is difficult to hold. A move towards deeper support is likely at 16300. Short-term retracement Short in the 16800 - 16900 zone and take profit in the 16300 -16400 zone or deeper! Market...

UnknownUnicorn43413799

BTC Technical Analysis Looking at the H4 frame, BTC creating a MACD divergence confirmed this divergence, showing that the buying power was exhausted. Today is expected to have an upward span towards the resistance zone 17300 - 17500. Short term trading strategy Short BTC 17100 - 17200 Take Profit: 16600 Stoploss: 17600 Market Overview Yesterday evening data...

UnknownUnicorn43413799

BTC Technical Analysis Looking at the H4 frame, BTC is on the right track that FomoTrade analyzed the previous days. The possibility will increase strongly to the 17700 - 17800 zone. After that, it will back test the 17100 - 17200 zone. Short term trading strategy Short BTC 17700 - 17800 Take Profit: 17100 - 17200 Stoploss: 18000 Market Overview According to...

UnknownUnicorn43413799

BTC Technical Analysis Yesterday's most notable H4 bar was the H4 bar that created a False break - false break - as it was a bearish pinbar - bearish pinbar - large and almost enveloped the previous H4 bars, thereby showing strong repulsion. from above, showing good selling pressure. The rising volume also confirms this resistance. In terms of trend structure,...

UnknownUnicorn43413799

Technical analysis BTC Observed on the H4 frame, after the strong increase in touching the $ 17200 BTC area had a decrease in the area of ​​16900. However, the decline may not stop here. Price may continue to support the supporting area of ​​16600 - 16800. At the above support area, increasing may continue to rise again. After the price comes here to create...

UnknownUnicorn43413799

BTC Technical Analysis BTC had a few down H4 sessions, but the bearish force lacked momentum and was blocked by observing the candles, then the price recovered from the $16,300 zone to the current $16,600 zone. There will be two plans today: (1) waiting for the price to create a bull trap at the current resistance area and conducting a Short/Sell scalp. (2) The...

UnknownUnicorn43413799

BTC Technical Analysis After the fall to $15,500 created a bear trap. BTC has had a strong rally to break the downtrend. Show extremely good buying power. However, observing the H4 frame, the candles have appeared with long beards, showing that the uptrend has been influenced by the sellers. Today expect BTC to find a strong resistance area of ​​$17,500...

UnknownUnicorn43413799

BTC Technical Analysis Looking at the H4 frame, the price broke out of the triangle, and found the support area of ​​$16,000. However, the possibility of reverse suction increased by the round numbers and MA25 is still very high. Price is currently touching the bottom edge of the pattern, if possible. The price will break through and touch the $15,500 zone, which...

UnknownUnicorn43413799

BTC Technical Analysis Looking at the H4 frame, it shows that there is a relative buying force. However, the price is creating an ascending triangle pattern. In the short term, the price will likely move to the resistance areas But we can't trade with a pattern like this yet, besides, surfing in narrow accumulation areas like triangles is force majeure...

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The worst may be over. BTC Technical Analysis Looking at the H4 frame, it shows that there is a relative buying force. Plus the 3 nearest bottoms all make higher bottoms, while the peaks are flat. Create an ascending triangle pattern. In the short term, the price will likely move to the resistance areas Moving within that zone, D1 has created a strong...

UnknownUnicorn43413799

BTC Technical Analysis Looking at the H4 frame, BTC is lacking in bullish momentum as it fails to break through the nearest $17,000 resistance area. Attempts to increase prices were blocked at this price zone. It is very likely that there will be a fake break of the resistance areas above, at $17,200 and $18,000 respectively. Therefore, FomoTrade remains the...

UnknownUnicorn43413799

BTC Technical Analysis Looking at the H4 frame, the price has confirmed an upward reversal, this structure will continue to push the price to the $18,000 zone. This will be our short-term selling zone today. Today's strategy will be Long/Buy at 16,800 and Short/Sell at 17,800 USD. Market Overview Decentralized exchange token prices are benefiting from the FTX...

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MARKET REDUCES STRESS, SHORT-TERM PRICE WILL GROW UP BTC Technical Analysis Looking at the H4 frame, we see that the price recovered to the $17,000 zone yesterday. However, the buying force was not strong enough, leading to the price being dumped to 16,200 USD. Immediately after that, the selling force was completely stopped. The price continued to pump to the...

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Market Overview The revenue of DEXs increased sharply last week thanks to the risks from CEX exchanges, including FTX. The revenue of Curve(CRV), GMX, BiSwap, QuickSwap, SushiSwap,... all increased sharply, showing the advantages of DEXs when the CEX floor appeared at risk. BTC and ETH prices are currently trading around $16,400 and $1,223, respectively. Both...

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Macro Analysis Bitcoin price today recorded at 13:45 pm at $16,720.29, a slight decrease of 0.53% compared to 24 hours ago. During the day, the bitcoin price fluctuated between $16,605.95 and $16,955.50, according to CoinDesk's bitcoin price index. In the market, 83 of the top 100 coins by market value are down from 24 hours ago. The market's 24-hour trading...

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Macro Analysis At the time of writing, Bitcoin trades at around $17,142, up 4.18%. In the last 24 hours, Bitcoin hit a high of $18,199, as low as $16,204. Less than 24 hours after breaking the 16,000 mark to $15,555, the Bitcoin price bounced by nearly 20%, regaining the $18,000 mark following the upbeat US consumer index (CPI) report last night. After the...

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Bitcoin price today on November 10 continues to plunge without braking, it seems that it will be difficult to regain the $ 20,000 mark. The cryptocurrency market is also flooded with red. Bitcoin price trend today 10/11 is continuing to free fall, evaporating more than 15.6% of its value in just the past 24 hours. At the time of writing, Bitcoin trades at...

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The relative calm around Bitcoin (BTC) was broken and selling pressure was strong early Tuesday (November 8), as FTT (FTX Token) plummeted to a 21-month low due to lingering worries. on the financial health of trading firm Alameda Research. According to CoinMarketCap data, within the past 24 hours, the Bitcoin price once fell to 17,603.54 USD/BTC, marking the...